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Feb 22, 2013
02/13
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take a look at boeing shares adding 0.6%. it's a consistent theme, reading stories about its troubles and seeing the shares hold up reasonably well. japanese chemicalmakers may be doing pretty well today. a solution perhaps to end the dream liner nightmare from boeing. tushiko, what's the connection between these chemical companies and boeing? >> hi, kelly. the majority of companies associated with the boeing 787 dreamliner crisis have had a bumpy landing, but there's one who is taking off. materio could be a possible solution to the dreamliner's nightmare. they had developed materials that would stop lithium ion batteries tr bursting or catching fire under extremely hot conditions. the chemicalmaker has invented two liquids, an inhibiter and a flame retardant. the inhibiter corrects the normal breakdown of the electrolize light when temperatures exceed 80 degrees celsius. this liquid will prevent flammable gas and stop internal pressure from building up. even as the battery catches fire, the flame retardant will put it out w
take a look at boeing shares adding 0.6%. it's a consistent theme, reading stories about its troubles and seeing the shares hold up reasonably well. japanese chemicalmakers may be doing pretty well today. a solution perhaps to end the dream liner nightmare from boeing. tushiko, what's the connection between these chemical companies and boeing? >> hi, kelly. the majority of companies associated with the boeing 787 dreamliner crisis have had a bumpy landing, but there's one who is taking...
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Feb 23, 2013
02/13
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WTTG
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. >>> coming up next, why the nightmare could soon be over for boeing's trouble dreamliner. plus hollywood's elite will be on display sunday at the oscars. we'll preview the fashion that will hit the red carpet. >> to the run-up making your wallet run empty. gas prices climbing higher for 36 days in a row, and we don't see that trend changing anytime soon. the national average is at $3.78 a gallon. for some perspective, you were paying $.50 less before this run-up started. and the more you spend on gas, the less you spend on food. well, that is the fear of at least one popular restaurant group. the parent company of red lobster and olive garden warning high gas prices and bad weather will start eat intog their profits this quarter. meantime, under armour is over nike's antics. the maker suing nike for trademark infringement. at issue, under armour's i will catch phrase. sunday night is oscar night. winners of course will go home with a little gold man, but losers will go home with a gift bag worth $45,000. we're told this year's so-called swag bag is filled with everything,
. >>> coming up next, why the nightmare could soon be over for boeing's trouble dreamliner. plus hollywood's elite will be on display sunday at the oscars. we'll preview the fashion that will hit the red carpet. >> to the run-up making your wallet run empty. gas prices climbing higher for 36 days in a row, and we don't see that trend changing anytime soon. the national average is at $3.78 a gallon. for some perspective, you were paying $.50 less before this run-up started. and...
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Feb 21, 2013
02/13
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FBC
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boeing is missing out on about $200,000 in delivery payment every month that this 787 is on the ground. connell: another issue is the weather. snow hit a big part of the country all over the midwest. treacherous conditions. very difficult to get around. we will have a live report on this straightahead. dagen: the billionaire founder of paul mitchell and petrone on our minimum wage. should it go to $10 an hour? we asked that question and we have an answer. connell: we will be right back. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause
boeing is missing out on about $200,000 in delivery payment every month that this 787 is on the ground. connell: another issue is the weather. snow hit a big part of the country all over the midwest. treacherous conditions. very difficult to get around. we will have a live report on this straightahead. dagen: the billionaire founder of paul mitchell and petrone on our minimum wage. should it go to $10 an hour? we asked that question and we have an answer. connell: we will be right back. ♪ all...
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Feb 22, 2013
02/13
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CNBC
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here in the states the head of boeing commercial airplanes will lead a group of boeing executives in a meeting with the faa today. boeing is going to be presenting a plan for modifying the lithium-ion battery and imposing a time frame for fixing the plane and lifting the grounding. take a look at the front page of "the wall street journal," it's a very interesting piece about jim mcnerney and what they're trying to do in bringing in ge and some other companies to look at those batteries. >>> texas instruments is raising its quarterly dividend by a third, to 28 cents a share. the chipmaker also announcing it's going to be buying back an additional $5 billion in stock. shares of ti have been rising about 10% since the beginning of last year. they're still nearly 70% lower than the 2000 high. and hewlett-packard posting first quarter earnings, and revenue, that topped wall street estimates. the outlook better than current consensus. ceo meg whitman says the company's turnaround plan is gaining traction and she's going to be joining "squawk on the street" later this morning with david fa
here in the states the head of boeing commercial airplanes will lead a group of boeing executives in a meeting with the faa today. boeing is going to be presenting a plan for modifying the lithium-ion battery and imposing a time frame for fixing the plane and lifting the grounding. take a look at the front page of "the wall street journal," it's a very interesting piece about jim mcnerney and what they're trying to do in bringing in ge and some other companies to look at those...
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Feb 22, 2013
02/13
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KRON
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boeing's latest plan is to put more modern equipment on the land p.m. ion batteries as well as fireproof protective layers are round of the batteries. >> supreme court justices are preparing to hear arguments next one on gay marriage. to same-sex couples arguing that the constitution prohibits discrimination against them in california and elsewhere in the country. papers were filed with the high court yesterday, the couples and laid out several options for the justices to consider as it evaluates california's proposition 8. the court is scheduled to hear arguments in the case on march 26th. >> laura bush has voiced support for same-sex marriage, but says, that she does not want to be used in that campaign. the former first lady has asked the of respect for marriage coalition to take her out of their ads. among those also in that include former vice president dick cheney and former secretary of state: paul. colin powell. >> still ahead, scary incidents on the uc santa clear campus, police are beefing up efforts to keep students safe. we will have details
boeing's latest plan is to put more modern equipment on the land p.m. ion batteries as well as fireproof protective layers are round of the batteries. >> supreme court justices are preparing to hear arguments next one on gay marriage. to same-sex couples arguing that the constitution prohibits discrimination against them in california and elsewhere in the country. papers were filed with the high court yesterday, the couples and laid out several options for the justices to consider as it...
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Feb 22, 2013
02/13
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boeing still at $76 a share, close to 77. of course, you remember aig. we've bailed them out big time in the financial crisis, but they paid us back with a profit. and it reports a loss in the last quarter. hurt by hurricane sandy, but here is the big one. results were better than expected so it's up almost 6% on aig. who would have thought? nicole, you've got another company that says higher gas prices and higher payroll taxes are hurting them. darden restaurants. why is the stock going up? >> right, well, they gave an outlook of sales growth of 6 to 7%, so, that's some good news, the fact that they're seeing growth is positive, but just like we heard from wal-mart this week about customers worried about payroll taxes, worried about gasoline prices on the rise and if you're right in the wallet and are you going to red lobster, wal-mart and you just don't have the extra money to spend and that's what the concern is. >> we've got it it. thanks indeed. the dow industrials have indeed opened 60 points higher and back above 13-9. up 65 as we speak after two
boeing still at $76 a share, close to 77. of course, you remember aig. we've bailed them out big time in the financial crisis, but they paid us back with a profit. and it reports a loss in the last quarter. hurt by hurricane sandy, but here is the big one. results were better than expected so it's up almost 6% on aig. who would have thought? nicole, you've got another company that says higher gas prices and higher payroll taxes are hurting them. darden restaurants. why is the stock going up?...
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Feb 20, 2013
02/13
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CNBC
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on that news, boeing shares are trading down about .4% in frankfurt this morning. given that the dax is up, they are underperforming. >>> a u.s. judge has declined to make a quick ruling on green light capital's request to block a proxy vote at apple's shareholders meeting next week. green light is opposed to a measure that would change the rules for issuing preferred stock and filed lawsuit. the judge says greenlight produced enough evidence to indicate it could succeed. he's only being asked to determine whether holding the vote would cause irreparable harm to greenlight's case which he's questioning. >>> apple shares are down by .2% today. look at that. still extraordinary to look at. $342 share price, giving up 21% in the past three months. >>> coming up, tensions running high between washington and beijing ads the u.s. has blame -- as the u.s. has blame to the east on cyber-theft. analysis on the hacking allegations when we come back. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it
on that news, boeing shares are trading down about .4% in frankfurt this morning. given that the dax is up, they are underperforming. >>> a u.s. judge has declined to make a quick ruling on green light capital's request to block a proxy vote at apple's shareholders meeting next week. green light is opposed to a measure that would change the rules for issuing preferred stock and filed lawsuit. the judge says greenlight produced enough evidence to indicate it could succeed. he's only...
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Feb 21, 2013
02/13
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CNBC
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stocks soared on the news that boeing is set to install repair plans for the boeing's dreamliner as early as tomorrow. the battery supplier stocks jumped 8%. japan airlines climbed 1.26%. market players reacted to the cost cutting plans worth $42 million reported by the nikkei this morning. their strategy includes reducing costs of cabin crew uniforms and expenses in airport services. it's hoped that these measures will absorb the hit from the 787 flight cancellations. stocks of al nippon airways ended flat. that's all from the nikkei business report. back to you. >> gamers had to think out of the box after sony took the wraps off its new playstation 4 console. that's because sony didn't show the console or reveal the price tag. our new features include instant streaming and more social networking. after also announce ago share sale in medical unit m3 inc. is it game changer or is it game over for the console? tell us what you think. e-mail us, world would it@cnbc.com, tweet us, @cnbcwex. see what it's like up there in scotland with ross westgate while he's on holiday. >>> meanwhile, has
stocks soared on the news that boeing is set to install repair plans for the boeing's dreamliner as early as tomorrow. the battery supplier stocks jumped 8%. japan airlines climbed 1.26%. market players reacted to the cost cutting plans worth $42 million reported by the nikkei this morning. their strategy includes reducing costs of cabin crew uniforms and expenses in airport services. it's hoped that these measures will absorb the hit from the 787 flight cancellations. stocks of al nippon...
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Feb 20, 2013
02/13
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FBC
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a strike at boeing has been avoided for now. engineers approved a four-year contract as they go on strike. however, technicians and members of the same union rejected the deal authorizing a strike to happen at anytime. we will resume negotiations on behalf of the technical staff this week. the nation's biggest pension fund has voted to sell all the investments to fire arm manufacturers smith & wesson. investment committee voted to sell 5 million worth of securities. making the decision after the violent shooting in newtown, connecticut, that took 26 lives. and both tourism approving measures to allow any adult over 21 resident or not to buy marijuana, but there is one catch, if you are a tourist you cannot take it home with you. you can buy it, you can use it. that is your "west coast minute." dennis: elsewhere in california, stanford the first university ever to raise a billion dollars in a single year. harvard followed by yale and the university of southern california and colombia university in new york. sanford took 40% more
a strike at boeing has been avoided for now. engineers approved a four-year contract as they go on strike. however, technicians and members of the same union rejected the deal authorizing a strike to happen at anytime. we will resume negotiations on behalf of the technical staff this week. the nation's biggest pension fund has voted to sell all the investments to fire arm manufacturers smith & wesson. investment committee voted to sell 5 million worth of securities. making the decision...
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Feb 21, 2013
02/13
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FBC
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boeing is saying --, you see the stock of united moving lower. boeing was planning to get together with the faa to talk about a fix to the problem with the battery on board the 787 dreamliner. so united continental saying we're taking these planes out of our scheduled through june 5th. shibani: the story continues. >> it is quarter past. we know what that is, time to check the markets. nicole petallides on the floor of the new york stock exchange where we go every 15 minutes. nicole, starting to slide a little lower now. >> i was noticing that, ashley. a moment ago we were down about 90 points. so we're accelerating a little selling to the downside on a day where the vix moved to newer highs we haven't seen in sometime. look at two movers. we're looking wal-mart and also verifone. i'm peeking over my shoulder which is where it trades. wal-mart talked about sales. they're concerned about consumer sentiment. they're concerned that consumers are being hit in the wallet with higher gasoline prices coupled with the fact that payroll taxes hit everybod
boeing is saying --, you see the stock of united moving lower. boeing was planning to get together with the faa to talk about a fix to the problem with the battery on board the 787 dreamliner. so united continental saying we're taking these planes out of our scheduled through june 5th. shibani: the story continues. >> it is quarter past. we know what that is, time to check the markets. nicole petallides on the floor of the new york stock exchange where we go every 15 minutes. nicole,...
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Feb 21, 2013
02/13
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boeing hopes to get the planes back in the air by april. >>> first on cnn, the army doing an about-face on the promotion of paula broadwell, david petraeus' former mistress. they decided to revoke the promotion from major to lieutenant colonel in the army reserves after initially appr e approving it last summer. since the petraeus scandal broke, she's been under investigation for having classified information in her home without permission. >> i know you're tired of hearing this, this just in, gas prices rising again. the nationwide average for a gallon of regular gas, jumped up about a penny to $3.78 a gallon. that's 35 straight days that the price of gas has gone up. >> in those days it's up 47 cents or so in 35 days. so that is something people are really feeling. >>> big developments in the works this morning ending the nuclear standoff between iran in the west. we'll go live to washington coming up. >>> plus, bowling and strippers. a suburban mother in trouble after racy pictures involving her own son surface on the web. how is she involved? you'll find out when we come back. [ jen
boeing hopes to get the planes back in the air by april. >>> first on cnn, the army doing an about-face on the promotion of paula broadwell, david petraeus' former mistress. they decided to revoke the promotion from major to lieutenant colonel in the army reserves after initially appr e approving it last summer. since the petraeus scandal broke, she's been under investigation for having classified information in her home without permission. >> i know you're tired of hearing this,...
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Feb 20, 2013
02/13
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KRON
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an emergency landing and it was one of the several incidents that led to the worldwide ground in a boeing 787 jets. >> this morning we will hear from secretary of state john kerry as he makes his first major public address in his new role. but even today is at the university of virginia and we will carry portions of it live for you on kron 4 during our 8:00 hour. kerry will focus on president obama is administration's foreign policy, with an eye on the first overseas trip in his new post. >> taking a look at gas prices this morning. the national average continues to rise and it is now at $3.76 for a regular tank of gas. in the state of california, the average climbs to $4.80. >> we will be right back. mary gonzales had a cold she also has asthma. so she sees her allergist who has a receptionist susan who sees that she's due for a mammogram. mary has one that day. that's when she finds out she has a tumor. she has a successful surgery and because her health provider has an amazing connected system, she has her life. i don't know what you have but i have kaiser permanente. kaiser permanente
an emergency landing and it was one of the several incidents that led to the worldwide ground in a boeing 787 jets. >> this morning we will hear from secretary of state john kerry as he makes his first major public address in his new role. but even today is at the university of virginia and we will carry portions of it live for you on kron 4 during our 8:00 hour. kerry will focus on president obama is administration's foreign policy, with an eye on the first overseas trip in his new post....
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Feb 23, 2013
02/13
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WBAL
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. >>> boeing is hoping to get its 787 dreamliners flying as soon as possible. the company's executives met on friday with the faa to talk about the ongoing battery issues that grounded that 787 dreamliner fleet in the first place. boeing is proposing a fix for the batteries even though they still don't know what caused them to overheat. the faa says it is reviewing the proposal very closely. >>> so you can now add microsoft to the list of companies that says it's been hacked. a small u.n. of computers were infected -- small number of computers were intected with malware. it's similar to the ones that plagued apple, facebook, and twitter. doesn't appear that customers' information is affected. >>> dangerous flooding in australia has killed at least two people. look at the pictures. many drivers left stranded because of the rising waters there. >>> nearly four months after superstorm sandy ravaged the northeast, the last of the residents forced out are finally being allowed to return home. they're finding they have a lot of work ahead of them. more than half of t
. >>> boeing is hoping to get its 787 dreamliners flying as soon as possible. the company's executives met on friday with the faa to talk about the ongoing battery issues that grounded that 787 dreamliner fleet in the first place. boeing is proposing a fix for the batteries even though they still don't know what caused them to overheat. the faa says it is reviewing the proposal very closely. >>> so you can now add microsoft to the list of companies that says it's been hacked....
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Feb 22, 2013
02/13
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KRON
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. >> united airlines is keeping the grounded boeing 787 off is scheduled for june fit. investigators still try to figure out what caused the battery fire. and a second battery problem last month. current flights will be postponed until released may 12th. the world's fleet of 50, 7877 grounded since january 16th. >> take a look at the next generation of cell phone. the phone is transparent. the thai won the vision of a u.s. company poly -tron technology spent six years developing this prototype. the company says, it is scratched and shatterproof. the only part of a phone that not transparent a battery of the circuit board. it should hit the market by the end of the year. and while the price is top secret, it is rumored to cost less than the iphone 5. >> we are tracking a fatal accident in redwood city. that is a hot spot the erica as falling we will update you at the top >> ( male announcer): now here's stanley roberts who found some people behaving badly >> there are rats running anywhere! >> this is a richmond residents to start of all the vacant homes in his neighborh
. >> united airlines is keeping the grounded boeing 787 off is scheduled for june fit. investigators still try to figure out what caused the battery fire. and a second battery problem last month. current flights will be postponed until released may 12th. the world's fleet of 50, 7877 grounded since january 16th. >> take a look at the next generation of cell phone. the phone is transparent. the thai won the vision of a u.s. company poly -tron technology spent six years developing...
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Feb 21, 2013
02/13
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CNBC
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when you saw that boeing, the most conscious stock, one of the few stocks in the dow up. the dow wasn't the worst of the year, s & p was terrible, you have to regroup. i fell backward this morning thinking about, okay, i still think the autos are strong, maybe a pause in housing not that bad, retail dropped off a little bit, but i also still think, you look at lumber prices again on toll prices, lumber going up, a tale of good, not bad. i can't find my major themes disappearing here, aerospace here, housing still here, oil is still here. >> you mentioned housing. today, steifel, upgraded home depot back in '07 cut it is to a lowell. >> there is the bell. at the nasdaq, swedish industrial group. just spoke about them seconds ago. you mentioned boeing, ford, too, making news, hiring 450 workers, investing 200 million in an engine plant in cleveland, little by little here, jimity, kind of things the president was talking about a couple of weeks ago. >> i think ford is a european story, if they get europe under control, it will be fine. i had the good fortune of pulling one m
when you saw that boeing, the most conscious stock, one of the few stocks in the dow up. the dow wasn't the worst of the year, s & p was terrible, you have to regroup. i fell backward this morning thinking about, okay, i still think the autos are strong, maybe a pause in housing not that bad, retail dropped off a little bit, but i also still think, you look at lumber prices again on toll prices, lumber going up, a tale of good, not bad. i can't find my major themes disappearing here,...
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Feb 20, 2013
02/13
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jakarta, that nations privately owned airline does place an order for commercial aircraft, the largest boeing has ever been asked to fill. the indonesian state railroad is buying its locomotives from general electric. >> more than 600 u.s. companies are doing business in south africa and where opec and the trade and development agency just opened an office to help close more investment deals between american companies and africa's booming energy and transportation sectors. it's also. also. a major south african energy to build alans multimillion-dollar plant in louisiana that would put more americans to work. let me tell you, this is happening. in cameroon and in bosnia and in other surprising places. in the shadows of world war ii, if you told someone that japan and germany would today be our fourth and its largest trading partners, someone would have thought you were crazy. before nixon's old opening with china, no one could imagine that today it would be our second- largest trading partner, but that is exactly what has happened. 11 of our top 16 trading partners used to be the beneficiarie
jakarta, that nations privately owned airline does place an order for commercial aircraft, the largest boeing has ever been asked to fill. the indonesian state railroad is buying its locomotives from general electric. >> more than 600 u.s. companies are doing business in south africa and where opec and the trade and development agency just opened an office to help close more investment deals between american companies and africa's booming energy and transportation sectors. it's also....
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Feb 21, 2013
02/13
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. >>> boeing working around the clock to get its dreamliner back in the sky. tomorrow a company executive will play out a temporary plan aimed at returning its jets to service by april. the fleet has been grounded because of battery problems that ignited at least two fires. >>> excitement over the new playstation 4. its hottest features, much improved social networking integration, streaming capabilities, plus a supercharged processor promising impressive high def graphics. ps4 is a major bid by sony to regain momentum in the gaming industry which pulled in $78 billion globally last year. we're expecting it to be available by the holiday season. no word yet officially on pricing. >> but available by the holiday season. >> of course. you got something like that, you want it ready by christmas. >>> still ahead this morning, an american held in cuba since 2009. the country says he's not a spy, so why are they holding this man? coming up next, we'll talk to congressman jim mcgovern who's part of a congressional delegation to go to cuba in recent memory. he'll join
. >>> boeing working around the clock to get its dreamliner back in the sky. tomorrow a company executive will play out a temporary plan aimed at returning its jets to service by april. the fleet has been grounded because of battery problems that ignited at least two fires. >>> excitement over the new playstation 4. its hottest features, much improved social networking integration, streaming capabilities, plus a supercharged processor promising impressive high def graphics....
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Feb 23, 2013
02/13
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. >>> boeing hopes to get the dreamliner flying as soon as possible. executives met with the faa to talk about the ongoing battery issues that grounded the fleet in the first place. bowing is proposing a fix for the batteries, even though they don't know what caused them to overheat. the faa is reviewing the proposal closely. >>> microsoft has been hacked. a small number of computers infected with malware. the attack is similar to the recent ones that plagued apple, facebook and twitter. it doesn't appear any customers' information is affected. >>> dangerous flog in australia has killed at least two people. look at the pictures. many drivers left stranded because of rising waters there. >>> nearly four months after superstorm sandy ravaged the northeast. the last of the residents forced out are finally allowed to return home. they are finding they have a lot of work ahead of them. more than half of the homes in this new jersey community are beyond repair it will probably take three to five years to rebuild. >>> sometimes it pays to return a ring that w
. >>> boeing hopes to get the dreamliner flying as soon as possible. executives met with the faa to talk about the ongoing battery issues that grounded the fleet in the first place. bowing is proposing a fix for the batteries, even though they don't know what caused them to overheat. the faa is reviewing the proposal closely. >>> microsoft has been hacked. a small number of computers infected with malware. the attack is similar to the recent ones that plagued apple, facebook...
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Feb 19, 2013
02/13
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CNBC
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or do you think boeing sides are willing to say, okay, it's not what we want, but it's not that bad and it does cut spending. >> well, i used to think that, but i don't any more. i think the democrats think, well, let it go over to see zester because finally they're going to chisel in the defense budget and there's plenty of fat in there. i could describe that in some detail. and the republicans are saying, so, they're going to deny us spending cuts, are they? let her rip. here we go, it will be chaos. it is stupid. three times he said it. and here we go. and the people -- wait until they close yellow stone park in the winter. wait until they do, you know, glacier park in montana. i mean, they're going to get down -- it's called the washington monument syndrome. you know how it works. >> so you agree with erskine that the public backlash against that will ultimately produce a deal? >> oh, i agree with that totally. you betcha. you betcha. >> and what about the march 27th deadline, the so-called cr, continuing resolution. is this government to go abogoi shut down or jit yellow stone and
or do you think boeing sides are willing to say, okay, it's not what we want, but it's not that bad and it does cut spending. >> well, i used to think that, but i don't any more. i think the democrats think, well, let it go over to see zester because finally they're going to chisel in the defense budget and there's plenty of fat in there. i could describe that in some detail. and the republicans are saying, so, they're going to deny us spending cuts, are they? let her rip. here we go, it...
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Feb 19, 2013
02/13
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lastly an update on the boeing dreamliner that was forced to make an emergency landing in japan last month, cells in the second lithium-ion battery on the plane showing slight swelling according to a japan transport safety board official. the jet flown by all nippon airways was forced to land after the main battery failed. i don't know what that means for this long-running investigation. >>> finally today, alan simpson and erskine bowles will announce a new detailed proposal for rewriting the tax code and implementing new spending cuts. the deficit hawks say their new proposal would reduce the federal budget deficit by $2.4 trillion over ten years. "the wall street journal" is now reporting that the plan will identify $600 billion in spending reductions through changes to health care programs such as medicare and medicaid. another $600 billion in deficit reductions would come from curbing or ending a number of tax breaks. the final $1.2 trillion would come from lower caps on discretionary spending, changing the way cost of living increases are cal cue lated for government benefits, c
lastly an update on the boeing dreamliner that was forced to make an emergency landing in japan last month, cells in the second lithium-ion battery on the plane showing slight swelling according to a japan transport safety board official. the jet flown by all nippon airways was forced to land after the main battery failed. i don't know what that means for this long-running investigation. >>> finally today, alan simpson and erskine bowles will announce a new detailed proposal for...